ARPA quietly outpaced Layer 2 peers over the past day with a roughly
↗3.66%
gain, even as selling pressure remained elevated.
Mixed signals across metrics
Trading volume declined roughly
↘4.89%
over the past 24 hours while the buyer-to-seller ratio stood at 0.44, indicating approximately 2.3 times more sellers than buyers during the period.
Outpacing Layer 2 category
ARPA's price rose while the broader Layer 2 category declined roughly
↘3.02%
over the past day, resulting in relative outperformance against similar projects.
Trading activity holding steady
Investor positioning in futures markets expanded slightly over the past 4 hours with funding rates at approximately 0.01% (around 12.6% annualized), suggesting steady interest.
Blockchain activity remains light
Network activity stayed quiet with 42 active addresses recorded over the past day and minimal movement of tokens between wallets, reflecting light usage compared to larger Layer 2 projects.